Tag: mining
Everything you need to know about crypto mining.
What Are ASIC Miners?
Reading Time: 2 minutesAn ASIC miner, or Application-Specific Integrated Circuit miner, is a specialized piece of hardware used for cryptocurrency mining.
IMF Pushes Back on Pakistan’s Bold Bitcoin Mining Plan
Reading Time: < 1 minutePakistan’s big bet on Bitcoin mining is running into some IMF roadblocks.
What is a Mining Pool?
Reading Time: 3 minutesMining pools have become an integral part of the cryptocurrency landscape, playing a crucial role in the process of creating new digital coins.
Pakistan Offers 2,000MW Power and Tax Breaks for Crypto & AI Firms
Reading Time: < 1 minuteIn a bid to position itself as a hub for digital innovation, Pakistan has allocated 2,000MW of excess electricity for Bitcoin mining and AI data centers, alongside new tax incentives.
Bitcoin Mining: What Is It?
Reading Time: 2 minutesIn simple terms, Bitcoin mining is the process of creating new bitcoins through the use of powerful computers and solving complex mathematical equations.
Tether Teams Up with Mining Pool to Strengthen Network’s Decentralization
Reading Time: < 1 minuteTether, the stablecoin issuer, plans to direct its existing and future Bitcoin hashrate to OCEAN’s Bitcoin mining pool to enhance the network’s decentralization.
Pakistan to Use Energy Surplus for Bitcoin Mining
Reading Time: < 1 minutePakistan is strategically channeling its surplus electricity into Bitcoin mining and AI data centers, marking a new integration of cryptocurrency into its economy.
SEC Clarifies Proof-of-Work Mining Does Not Violate Securities Laws
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) clarified on Thursday that Proof-of-Work (PoW) cryptocurrency mining activities will not be subject to existing securities laws.
A.R.T. Digital Secures Exclusive Agreement with Forced Physics to Transform Bitcoin Mining Cooling Technology
Reading Time: 4 minutesAustin, Texas, 20th January 2025, Chainwire
Fire Token Launches Presale for Tokenized Bitcoin Mining Operation in Canada
Reading Time: 2 minutesCalgary, Canada, 13th January 2025, Chainwire
CleanSpark’s Bitcoin Holdings Exceed 10K
Reading Time: < 1 minuteUS Mining firm CleanSpark has announced that it now holds 10,097 Bitcoin in its treasury.
MARA Lent Over 7,000 BTC Last Year
Reading Time: < 1 minuteMARA, formerly known as Marathon Digital, lent out 7,377 Bitcoin to third parties in 2024, according to a January 3 announcement from the Bitcoin mining company.
Russia Bans Cryptocurrency Mining for 6 Years
Reading Time: < 1 minuteThe Russian government has approved a list of regions and territories where cryptocurrency mining will be prohibited next year.
Prosper Acquires 7,000 ASIC Miners from BITMAIN and Secures Strategic Funding to Democratize Bitcoin Mining
Reading Time: 3 minutesDubai, United Arab Emirates, 13th December 2024, Chainwire
MARA Holdings Acquires $1.1B in Bitcoin
Reading Time: < 1 minuteMARA Holdings Inc., a leader in Bitcoin mining, yesterday purchased 11,774 additional Bitcoins for $1.1 billion.
BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Reading Time: 2 minutesCayman Islands, Cayman Islands, 14th November 2024, Chainwire
Bitcoin Hashrate Reaches a New Record High
Reading Time: < 1 minuteThe latest data from Glassnode reveals that the seven day moving average for Bitcoin’s hashrate has reached a record high of 703 exahashes per second (EH/s).
BC.GAME Announces Launch of $BC Mining Rush Event with 1 Billion $BC Token Prize Pool
Reading Time: 2 minutesWILLEMSTAD, Curacao, 30th September 2024, Chainwire
Crypto Firms Bitfarms and Riot Platforms Reach an Agreement
Reading Time: < 1 minuteA joint settlement agreement has been reached between rival Bitcoin mining companies, Riot Platforms and Bitfarms, effectively ending Riot’s attempted hostile takeover.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minuteBitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
Bitcoin Miner Wins $180,000 Reward After Solving a Block
Reading Time: < 1 minuteOne individual Bitcoin miner has accomplished a rare achievement by solving a block on their own, earning them approximately $180,000.
Japanese Energy Company TEPCO to Venture into Green Mining
Reading Time: < 1 minuteA subsidiary of TEPCO, a Tokyo-based company, is venturing into Bitcoin mining with the goal of using renewable energy that would otherwise go to waste.
Thailand’s Police Raids an Illegal Bitcoin Mine
Reading Time: < 1 minuteOn Sunday, Thailand’s police and electricity authorities revealed that they had conducted a raid on an illegal bitcoin mine located in a local town.
Mining Firm Bitfarms Purchases Rival Stronghold Digital Mining
Reading Time: < 1 minuteBitcoin mining company Bitfarms has purchased Stronghold Digital Mining for approximately $125 million, including assumed debt of $50 million.
Malaysian Authorities Destroy Almost 1,000 BTC Mining Devices
Reading Time: < 1 minuteMalaysian authorities have destroyed 985 Bitcoin mining machines worth approximately 1.98 million Malaysian ringgits ($452,500).
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